Increased risk of fraud when there’s a difference between the applicant’s address and the most probable consumer address.
Increased risk of fraud when an applicant’s email address is associated with three or more new devices within a 5-month window.
Increased risk of fraud when an application presents both physical and digital intelligence risk signals at once.
Digital identity verification looks at the digital footprint associated with an individual’s identity and is commonly used for evaluating the risk associated with online transactions.
Physical identity verification considers personal information and government-issued documents to verify an identity.
Verifying a customer’s identity is the number one fraud challenge organisations face. This is centred around a few main areas of concern: increase use of the mobile channel, rise of synthetic identities and bot attacks, and a need to balance speed of fraud detection with customer friction.
Multi-layered identity verification solutions help mitigate these concerns and more; in turn protecting your revenue, your customer experience and your reputation.
Identity verification software helps to verify customers and impart a complete view of their fraud risk with physical and digital identity information.
This view enables you to conveniently onboard your customers by requesting only the necessary information at the right time by utilising active and passive methods.
Email addresses and their risk should be a key part of your organisation’s identity management strategy. LexisNexis® Emailage® is a powerful email risk scoring solution.
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